01st March Daily Current Affairs 2022: Today GK Updates for Bank Exam

Table of Contents

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of the 01st March 2022 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Here is the Daily GK Update of the 01st March 2022 covering the following news headlines: Mriya, Bilateral Swap Arrangement, International Olympic Committee, National Assessment and Accreditation Council.

Top 15 Daily GK Updates: National & International News

Here is providing below the top 15 important Daily General Knowledge 2022 updates with national & international news.

International News

1. Russia destroyed the largest plane in the world ‘Mriya’

Russian invasion to Ukraine, Russia destroyed the largest plane in the world called “Ukraine’s Antonov-225 cargo plane”.
The plane was destroyed outside Kyiv. According to weapons manufacturer Ukroboronprom, restoring “AN-225 Mriya” would cost over USD 3 billion and could take over five years.
The aircraft was unique to the world. The An-225 aircraft was located at Hostomel Airport when Russia launched an attack on the Ukrainian airport on February 24, 2022. It was destroyed on February 27.
The aircraft was designed to airlift Energia rocket’s boosters and Buran-class orbiters for Soviet space program. It was developed to replace the Myasishchev VM-T.
The original mission and objectives of An-225 are almost similar to that of the United States’ Shuttle Carrier Aircraft. The lead designer of the An-225 was Viktor Tolmachev.
It was 84 meters long and could transport up to 250 tonnes of cargo at a speed of 850 kilometres per hour.

2. Japan and India renews the Bilateral Swap Arrangement (BSA)

Japan and India have renewed the Bilateral Swap Arrangement (BSA) the size of which is up to USD 75 billion. The BSA is a two-way arrangement where both authorities can swap their local currencies in exchange for the US Dollar.
The interest rate charged in this case is fixed at the time of signing the agreement and hence it reduces the risk caused due to fluctuations in the exchange rate.
The actual Bilateral Swap Arrangement (BSA) was signed between the Bank of Japan and the Reserve Bank of India in 2018.

Important takeaways for all competitive exams:

Japan Capital: Tokyo;
Japan Currency: Japanese Yen;
Japan Emperor: Naruhito;
Japan Prime minister: Fumio Kishida.

3. IOC Withdraws Top Olympic Honour From Vladimir Putin

The International Olympic Committee has stripped Russian President Vladimir Putin of the Olympic Order award in response to the invasion of Ukraine. International Olympic Committee urged sports federations and organisers to exclude Russian and Belarusian athletes and officials from international events following Russia’s invasion of Ukraine.
Russia’s participation in the World Cup play-offs next month is also in doubt after FIFA plans to allow them to play on neutral territory were dismissed as “unacceptable” by rivals. The IOC last week urged all international sports federations to cancel forthcoming events in Russia, angry at Moscow violating an “Olympic Truce” with its attack on Ukraine.

Important takeaways for all competitive exams:

International Olympic CommitteeHeadquarters: Lausanne, Switzerland;
International Olympic Committee President: Thomas Bach;
International Olympic Committee Founded: 23 June 1894, Paris, France.

Appointments News

4. Prof Bhushan Patwardhan named as chairman of NAAC

The University Grants Commission (UGC) has appointed educationist and research scientist Professor Bhushan Patwardhan as chairman, of the executive committee of the National Assessment and Accreditation Council (NAAC), Bengaluru.
The position was vacant after Prof Jagadish Kumar was appointed as chairman of UGC. Prof Patwardhan is currently a national research professor designated by the Ministry of Ayush, Government of India, and a distinguished professor at the Interdisciplinary School of Health Sciences, Savitribai Phule Pune University (SPPU).

Banking News

5. Bank of Maharashtra launches “Project Banksakhi” in Odisha

Public sector lender, Bank of Maharashtra (BoM) has announced the launch of “Project Banksakhi” in Odisha in collaboration with Mahagram & Sunivesh India Finance Services Pvt. Ltd. for Online Bank Account opening. It will provide doorstep and hassle-free access to the people of Odisha for opening bank accounts.
The people of Odisha using our innovative customer-friendly financial services and best in class customer experience across digital and physical touchpoints.
Bank of Maharashtra has been catering to the banking needs of customers offering a spectrum of banking products and financial services covering Retail, Agri and MSME sectors to its more than 2 crore customers.
Apart from its physical delivery channels, the bank offers various digital platforms like mobile banking, internet banking, AEPS, ATM-Debit Card, 24×7 customer care centre for accessing uninterrupted banking services to its customers.

Important takeaways for all competitive exams:

Bank of Maharashtra Headquarters: Pune;
Bank of Maharashtra CEO: A. S. Rajeev (2 Dec 2018–);
Bank of Maharashtra Founded: 16 September 1935.

Economy News

6. NSO projects GDP growth for India in 2021-22 at 8.9%

National Statistical Office (NSO) has released the second advance estimates of national accounts. The GDP growth rate projection as per NSO for 2021-22 (FY22) and 2020-21 (FY21) is given: For 2021-22 (FY22)= 8.9% (earlier it was 9.2% in first advance estimates); For 2020-21 (FY21)= -6.6% (earlier it was -7.3%)
According to NSO data, Gross Value Added (GVA) growth in the manufacturing sector growth remained almost flat at 0.2 per cent in the third quarter of 2021-22, compared to a growth of 8.4 per cent a year ago.

Science and Technology News

7. Google starts ‘Play Pass’ subscription in India

Google has announced the launch of ‘Play Pass’ subscription service in India that will provide Android device users access to over 1,000 applications and games without ads, in-app purchases, and upfront payments.
Play Pass, which is currently available in 90 countries, will offer a high-quality and curated collection of 1000+ titles across 41 categories from developers across 59 countries including many from India, Google said in a statement.
Play Pass will give users access to well-known games like Jungle Adventures, World Cricket Battle 2, and Monument Valley, along with apps such as Utter, Unit Converter and AudioLab, Photo Studio Pro, Kingdom Rush Frontiers TD, among others.

Important takeaways for all competitive exams:

Google CEO: Sundar Pichai;
Google Founded: 4 September 1998;
Google Headquarters: Mountain View, California, United States.

8. Quantum Key Distribution tech tested by DRDO successfully between Vindhyachal & Prayagraj

A team of scientists, for the first time in the country, from the Defence Research and Development Organisation (DRDO) and the Indian Institute of Technology (IIT) Delhi successfully demonstrated a Quantum Key Distribution link between Prayagraj and Vindhyachal in Uttar Pradesh, spanning over 100 kilometres.
This technological breakthrough was accomplished using a commercial-grade optical fibre that was already on the market. The country has shown domestic safe key transfer technology for bootstrapping military-grade communication security key hierarchy, according to the DRDO.
This technological advance was made possible by the use of commercially available optical fibre. According to the DRDO, the country has shown a domestic secure key transfer technique for bootstrapping military-grade communication security key hierarchy.
Quantum key distribution is a secure communication tech method that uses quantum physics to construct a cryptographic protocol. It allows two parties to generate a shared secret key that is only known to them and can be used to encrypt and decrypt messages.

Summits and Conferences News

9. 28th DST-CII India- Singapore Technology Summit 2022

Confederation of Indian Industry (CII), New Delhi in partnership with the Department of Science & Technology (DST), GoI hosted the 28th edition of the DST – CII Technology Summit on 23^rd and 24^th of February 2022. The Summit was held virtually. Singapore is the Partner Country for this year’s Technology Summit.
Technology Summit has been very crucial in providing significant opportunities to build and improve bilateral technology partnerships over a period of more than two decades. Dr Jitendra Singh, Hon’ble Union Minister of State, Ministry of Science and Technology, GoI.

10. “Industry Connect 2022” inaugurated by Union Minister Dr. Mansukh Mandaviya

Dr. Mansukh Mandaviya, Union Minister of Health & Family Welfare, Chemicals & Fertilizers has inaugurated the seminar on “Industry Connect 2022”: Industry and Academia Synergy.
The stress is on the importance of innovation & technology for the progress of the country and it is for the greater industry-academia partnerships. The innovative zeal and manufacturing quality products at scale will help the Prime Minister’s vision of Make in India and Make for the World.

OBJECTIVES OF THE SEMINAR:

The first objective is to focus on R&D – Laboratory to Industry.
The second objective is to do the Skill Gap Analysis for the Human Capital in Petrochemicals Sector.
Another objective is to Support Aatmanirbhar Bharat by providing the Indigenous Technology and Aatmanirbhar CIPET with the assistance of the Industry Connect.
The final objective is for the Support of Technology with the assistance of the Technology Development Board to establish coordination between industry and academia for this sector.

Sports News

11. Pooja Jatyan became 1st Indian to win a silver in Para Archery World Championships

Para-archer, Pooja Jatyan has scripted history as she became the first Indian to win a silver in an individual section of the Para World Championships in Dubai, UAE. She lost to Italy’s Patrilli Vincenza in the final to be content with the silver medal.
India ended its campaign with two silver medals, a first for the country. India has won 2 Silver medals for the first time in the Para Archery World Championship. The compound mixed pair of Shyam Sundar Swamyand Jyoti Baliyan had earlier opened India’s account by winning a silver medal.

Important Days

12. Zero Discrimination Day observed on 01st March

The Zero Discrimination Day is held every year on the 1st of March. The day aims to ensure right to equality, inclusion and protection of all people without any discrimination in their law and policies to live a full life with dignity regardless of any barriers.
Zero Discrimination Day highlights how people can become informed about and promote inclusion, compassion, peace and, above all, a movement for change.
Zero Discrimination Day is helping to create a global movement of solidarity to end all forms of discrimination. The theme of Zero Discrimination Day 2022: “Remove laws that harm, create laws that empower”, UNAIDS is highlighting the urgent need to take action against discriminatory laws.
Zero Discrimination Day was first celebrated on March 1, 2014, and was launched by UNAIDS Executive Director at Beijing after UNAIDS launched its Zero Discrimination Campaign on World AIDS Day in December 2013.

Important takeaways for all competitive exams:

United Nations Programme on HIV/AIDS (UNAIDS) Headquarters: Geneva, Switzerland;
UNAIDS Executive Director: Winnie Byanyima;
UNAIDS Founded: 26 July 1994.

13. International Women’s Day Week begins

The Women and Child Development Ministry celebrates the International Women’s Day week from the 1st of March as an Iconic Week as a part of Azadi Ka Amrit Mahotsav, till the 8th of March.
As a part of the week-long celebration, the Ministry will organize various events and social media campaigns covering a variety of themes related to women’s safety and empowerment.
This will mark an occasion to celebrate the progress made towards achieving gender equity and women’s empowerment but also to critically reflect on accomplishments and strive for a greater momentum towards gender equality.
It will kick off tomorrow in collaboration with the Bureau of Police Research and Development to raise awareness on the safety and security of women.

14. Janaushadhi Diwas week to be observed from 1st March to 7th March

Ministry of Chemicals and Fertilizers will organize the Janaushadhi Diwas from 1st March to 7th March 2022. On 7th March 2022, the 4th Jan Aushadhi Diwas will be celebrated. The theme of 4th Janaushadhi Diwas: “Jan Aushadhi-Jan Upyogi”.
The Government has set a target to increase the number of Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) to 10,500 by the end of March 2025.
To create awareness about the usages of generic medicines and the benefits of Jan Aushadhi Pariyojana. Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) was launched by the Ministry of Chemicals & Fertilizers, Government of India in November 2008 to provide quality generic medicines available at affordable prices to all.

Obituaries News

15. Legendary West Indies spinner Sonny Ramadhin passes away

West Indies spin legend, Sonny Ramadhin has passed away at the age of 92. He was a part of the side that won its first away series in England in 1950. He made his Test debut against England at Old Trafford in 1950.
Ramadhin ended up playing 43 Tests and taking 158 wickets at an average of 28.98. Ramadhin played 184 first-class matches and scalped 758 wickets at an average of 20.24. He moved to England after taking retirement from the sport in the late 1960s.

Check More GK Updates Here

01st March | Current Affairs 2022 | Current Affairs Today | Current Affairs

Click Here to Register for Bank Exams 2021 Preparation Material

Visit Achieversadda.com and participate in discussions with other aspirants and achievers. Get answers to your queries and connect with others on Achieversadda.com